(1) In computing tax there may be deducted from the measure of tax amounts used solely
for repair, maintenance, replacement, management, or improvement of the residential
structures and commonly held property, but excluding property where fees or charges
are made for use by the public who are not guests accompanied by a member, which are
(a) A cooperative housing association, corporation, or partnership from a person who
resides in a structure owned by the cooperative housing association, corporation,
(b) An association of owners of property as defined in RCW 64.32.010, as now or hereafter amended, from a person who is an apartment owner as defined
in RCW 64.32.010; or
(c) An association of owners of residential property from a person who is a member
of the association. “Association of owners of residential property” means any organization of all the
owners of residential property in a defined area who all hold the same property in
common within the area.
(2) For the purposes of this section “commonly held property” includes areas required
for common access such as reception areas, halls, stairways, parking, etc., and may
include recreation rooms, swimming pools and small parks or recreation areas; but
is not intended to include more grounds than are normally required in a residential
area, or to include such extensive areas as required for golf courses, campgrounds,
hiking and riding areas, boating areas, etc.
(3) To qualify for the deductions under this section:
(a) The salary or compensation paid to officers, managers, or employees must be only
for actual services rendered and at levels comparable to the salary or compensation
of like positions within the county wherein the property is located;
(b) Dues, fees, or assessments in excess of amounts needed for the purposes for which
the deduction is allowed must be rebated to the members of the association;
(c) Assets of the association or organization must be distributable to all members
and must not inure to the benefit of any single member or group of members.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.